Description

1883-O Liberty Head Eagle, XF45Low Mintage Rarity

1883-O $10 XF45 PCGS. The 1883-O boasts the lowest mintage
of any branch mint Liberty Head eagle, at a mere 800 pieces. It is
the rarest O-Mint eagle and one of the rarest coins of any
denomination from the New Orleans Mint. Doug Winter estimates a
surviving population of 35-45 examples in all grades, of which
perhaps 14-18 specimens are in the XF range.
Collecting large denomination gold coins did not become popular in
this country until the late 1930s, so early auction appearances of
the 1883-O eagle are few and far between. The catalogers of Sale
Number 399 (Morgenthau, 5/1939), appreciated the rarity of the
1883-O when they described lot 384 of that sale, "1883 O Extremely
fine and excessively rare." Auction appearances are still uncommon
today, with an example typically showing up maybe twice a year.
Garrett and Guth remark, "Ownership of an 1883-O eagle is the mark
of an advanced collector." The present offering represents an
important opportunity for gold specialists to obtain an example of
this rare date.
The present coin exhibits original surfaces, with gray-lilac patina
over attractive shades of red. Semiprooflike luster remains evident
in the protected areas. A speckling of blue dots appears on the top
third of the obverse surface. Wear and handling marks are
consistent with the grade. Population: 7 in 45, 12 finer
(11/09).(Registry
values: N4719) (NGC ID# 2668, PCGS# 8701)

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The way you grouped lots, photographed, and presented the material was too notch. I was impressed that you took the time to attribute coins to the Krause reference as their "plate coin" and that many of your descriptions included pertinent facts and infor
Mark Baskin,Fountain Valley, CA